California State Treasurer's Office Archives

Posts tagged with "California State Treasurer’s Office"

Financial

Treasurer Ma and Assembly Majority Leader Calderon seek income tax deductions for contributors to state’s 529 college savings plan

January 16th, 2019027 A bill that would offer a targeted tax incentive for those contributing to the state’s ScholarShare 529 Plan got a big boost with the introduction of Assembly Bill 211 (AB 211). ScholarShare 529 is a state-sponsored, tax-advantaged 529 college savings plan that helps families and individuals save and plan for the cost of higher...

Community

Treasurer Fiona Ma invites public to weigh-in on California’s affordable housing crisis

January 10th, 20190151 Fresh off being sworn into office, new California Treasurer Fiona Ma announced that she intends to kick off a statewide listening tour beginning January 17th to gather ideas and feedback from the public about how her office can help increase the supply of affordable housing statewide. The listening tour will visit five cities –...

Government

Treasurer Fiona Ma takes Oath of Office

January 9th, 20190127 Fiona Ma was elected California State Treasurer in November 2018. She previously served as Chair and Vice Chair of the California State Board of Equalization from 2015 to 2019, representing more than nine million taxpayers. There, she led historic reforms to increase efficiency and transparency at the agency. As a state legislator, she...

Financial

Feasibility study finds public cannabis bank too risky for California

December 28th, 2018035 At a public hearing at the California State Capitol this afternoon, the Cannabis Banking Working Group (CBWG), chaired by California State Treasurer John Chiang, was presented with the results of an independent study that found that establishment of a public cannabis bank would pose too great of a legal and financial risk to the State of...

Financial

Treasurer Chiang & Senator De León vow to ‘leave no worker behind’ at CalSavers kickoff event in Los Angeles

November 29th, 2018066 Kicking off a series of launch events throughout California in Los Angeles, in front of small business leaders, community partners, and Californians ready to take control of their retirement security, California State Treasurer John Chiang and State Senator Kevin De León kicked off CalSavers — a new statewide retirement savings...

Government

Large institutional investors sign on to plan addressing gun violence, following Treasurer Chiang’s path

November 14th, 2018053 Just a week following the deadly Thousand Oaks shooting in Southern California, more than a dozen institutional investors from around the nation came together to establish the Principles for a Responsible Civilian Firearms Industry — a joint assertion that investors have a stake in promoting meaningful progress in curbing the abuse of...

Financial

Treasurer Chiang unveils new CalSavers website, program to open pilot in November

October 22nd, 2018018 In recognition of National Retirement Security Week, California State Treasurer John Chiang announced the launch of the new CalSavers website that will be used by participants when the program launches in November. The website currently provides employers with information on the program, and allows them to apply for the pilot program...

Financial

$90 million in green bonds sold to finance Loyola Marymount University student housing

October 17th, 2018051 California State Treasurer John Chiang announced the sale of $90 million in green bonds to finance the construction of energy efficient student housing at Loyola Marymount University in Los Angeles. “This is just one more great example of how green financing can significantly change the calculus in how we pay for billions in green...

Financial

Lower interest rates on CA’s bonds benefitted taxpayers in 2017-18

October 3rd, 2018018 California State Treasurer John Chiang has issued the annual Debt Affordability Report (DAR), in which he laid out how the continued strength of the state’s credit profile, coupled with the impact of changing tax policies on the supply and demand for tax-exempt bonds, contributed to interest rates on California’s bonds outperforming...

Financial

Treasurer Chiang announces applications now open for Community Health Clinics seeking Emergency Lifeline funds

August 31st, 2018137 California State Treasurer John Chiang, chair of the California Health Facilities Financing Authority (CHFFA), announced the opening of the application period for health clinics seeking Emergency Lifeline funds to offset funding losses and adverse effects triggered by actions taken by President Trump's Administration. “The community...

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